Call reports 2020
HOWARD BANK — 2020
What HOWARD BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 2,507,790,000 | 2,463,356,000 | 2,558,784,000 | 2,537,747,000 |
| Total loans | 1,765,215,000 | 1,898,629,000 | 1,884,405,000 | 1,865,961,000 |
| Allowance for loan losses | 13,384,000 | 16,356,000 | 17,977,000 | 19,162,000 |
| Securities available for sale | 275,252,000 | 276,889,000 | 377,471,000 | 375,397,000 |
| Securities held to maturity | 7,750,000 | 7,250,000 | 7,250,000 | 7,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,792,402,000 | 1,833,305,000 | 1,975,831,000 | 1,976,949,000 |
| Interest-bearing deposits | 1,305,649,000 | 1,159,076,000 | 1,315,709,000 | 1,298,613,000 |
| Noninterest-bearing deposits | 486,753,000 | 674,229,000 | 660,122,000 | 678,336,000 |
| Equity capital | 340,631,000 | 308,885,000 | 315,163,000 | 321,376,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 22,225,000 | 43,700,000 | 64,652,000 | 86,363,000 |
| Interest expense | 4,285,000 | 7,218,000 | 9,482,000 | 10,953,000 |
| Net interest income | 17,940,000 | 36,482,000 | 55,170,000 | 75,410,000 |
| Noninterest income | 3,393,000 | 4,890,000 | 6,889,000 | 8,938,000 |
| Noninterest expense | 14,343,000 | 61,580,000 | 74,048,000 | 88,931,000 |
| Provision for loan losses | 3,445,000 | 6,445,000 | 8,145,000 | 9,525,000 |
| Pretax income | 3,545,000 | -23,609,000 | -17,090,000 | -11,004,000 |
| Income tax | -183,000 | 1,603,000 | 3,070,000 | 4,272,000 |
| Net income | 3,728,000 | -25,212,000 | -20,160,000 | -15,276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 231,863,000 | 240,018,000 | 245,540,000 | 254,492,000 |
| Total capital | 245,247,000 | 256,374,000 | 263,517,000 | 273,974,000 |
| Risk-weighted assets | 1,877,596,000 | 1,831,285,000 | 1,869,204,000 | 1,921,509,000 |